British Gas lowered electricity bills by an average of 5%. Then Scottish & Southern Energy announced gas bills would drop by 4.5% – in 10 weeks’ time.
The moves, 24 hours after EDF Energy said it would cut gas by 5% on February 7, piles pressure on the remaining big firms – E.ON, npower and Scottish Power – to follow suit.
The cuts, while welcome, are just a fraction of the price rises last year and Richard Lloyd, of campaign group Which? said: “With the average bill now more than £1,300 a year, reductions of around £30 will not be a solution for those struggling to pay their next bill.”